Just announced: @bobmoses  will be at @EmpireATX  stage for @Consensus2002  on Saturday, June 11. Register:

MARKET WRAP: Bitcoin $BTC is declining less than alts, indicating a lower appetite for risk among traders. Meanwhile, global officials are calling for more crypto regulations.

#Bitcoin dominance is advancing 1% today, and is up around 10% since the collapse of Terra Luna and $UST, signaling that investors are selling their more speculative altcoins for $BTC. Watch Chart of the Day, presented by @cryptocom :

What's an appropriate regulatory approach to algorithmic stablecoins? "The natural endpoint is that algorithmic stablecoins are simply told 'you need to be collateralized because that's the only way you can protect your users,'" @MakerDAO 's @RuneKek  says.

Former @BitMEX  CEO Arthur Hayes will face sentencing in a New York court on Friday. Hayes pleaded guilty in February to violating the Bank Secrecy Act – and could spend up to a year in prison for his crime. @cheyenneligon  reports

@coinbase  has embarked on a series of cost-cutting measures, including pausing new hiring for two weeks and slashing cloud spending on Amazon Web Services, according to The Information. $COIN By @mikeybellusci 

The @CFTC  has charged two U.S. residents with running a multi-year $44 million crypto Ponzi scheme. @cheyenneligon  reports

With #bitcoin  steadying below $30,000, and a look at the human costs of speculation, CoinDesk’s Markets Daily is back with the latest news roundup. Tune in here for the latest news roundup:

Crypto exchange @kucoin  will devote part of its recent $150 million raise to expand technical features and support developers building on KCC, a public blockchain, the firm told @CoinDesk . @shauryamalwa  and @JPRubin23  report